MacDonald Dettwiler and Associates told investors May 23 that its pending acquisition of geospatial imagery and services provider DigitalGlobe will help offset the revenue peaks and valleys of MDA’s satellite manufacturing business.
The company said it suffered a net loss of $2.2 million on revenue of nearly $210 million in the quarter.
Before going public with their plans to merge, Canada’s MDA Corp. and DigitalGlobe were already working together on a next-generation imaging constellation that can revisit some locations on Earth up to 40 times in a day.
The value of any deal could be $2-3 billion, based on DigitalGlobe's market cap of $1.8 billion.
DigitalGlobe’s WorldView-4 high-resolution-imaging satellite entered service this week, following nearly three months of in-orbit testing and calibration.
After nearly two months of delay due to wildfires, United Launch Alliance successfully launched an Atlas 5 rocket Nov. 11 carrying an important imaging satellite for DigitalGlobe.
Geospatial imagery and services provider DigitalGlobe on Oct. 25 reported increased revenue and gross profit for the three months ending Sept. 30 with a surprisingly large increase in commercial business.
In a move designed to expand its geospatial services business and U.S. government customer base, DigitalGlobe Inc. announced plans Oct. 11 to pay $140 million to acquire The Radiant Group, a geospatial information company based in Chantilly, Virginia.
Operators of commercial geospatial imagery services on Sept. 15 agreed that unmanned aerial vehicles (UAVs) are an increasingly useful complement to their business but are unlikely to pose a direct threat to satellite systems for defense and intelligence customers.
The Atlas 5 launch of the commercial remote sensing satellite is on hold for at least a week because of a wildfire near its California launch pad.
It’s time for the U.S. government to rethink the basic premise underlying commercial remote sensing regulation.
Geospatial imagery and services provider DigitalGlobe on July 28 reported a sharp increase in non-U.S. government revenue for the six months ending June 30 and said on-line mapmaking companies may be lured into purchasing the company’s highest-resolution products – but on DigitalGlobe’s terms.
The U.S. Air Force said one of DigitalGlobe’s high-resolution imagery satellites was part of what they described as a debris-causing event on July 19, but the company said that the satellite remains operational.
Two U.S. intelligence agencies - the National Geospatial-Intelligence Agency and the National Reconnaissance Office - announced July 15 a new collaboration to help their organizations buy and analyze commercial satellite imagery.
SI Imaging Services (SIIS) of South Korea on July 6 said it had begun commercial sales of imagery from its Kompsat-3A optical Earth observation satellite, making Korea the second nation, after the United States, to put 50-centimeter-class pictures on the open market.